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Thread: QF shares hit $2.00, discuss
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Old 9th Jun 2012, 01:49
  #605 (permalink)  
ALAEA Fed Sec
 
Join Date: Nov 2007
Location: Bexley
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the continual losses of Qantas International
I don't buy this line. This is nothing more than deceptive creative accounting.
  • $100M when they grounded the fleet - charge to International.
  • Order wrong 380 interior, $100M plus to fix - charge to International.
  • Jetstar not profitable, why not sell freight space in holds that remain empty - charge to International.
  • New ad campaign to slander the unions - charge to International.
  • Want FF to look profitable, give members free seats as rewards - charge to International.
  • Need Engineering on Jetstar, get Qantas to do and throw charge sheets in bin - charge to International.
  • $400M head office precinct upgrade - charge to International.
The list is endless but the International fundamentals are fine. Yield up. Load factors above 80% (as opposed to Jetstar 69%).

The lies will continue though.
Last edited by ALAEA Fed Sec; 9th Jun 2012 at 01:51.
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